SK Group chief ordered to pay wife $1 bil. in divorce settlement

An appellate court has ordered SK Group Chairman Chey Tae-won to pay 1.38 trillion won...

Merck breaks ground for bioprocessing production center in Daejeon

Merck Life Science (Merck) commenced the construction of its bioprocessing production center in Dungok-dong, Yuseong...

Samsung Electronics union declares plans for first-ever strike

The largest union among several Samsung Electronics’ labor groups declared plans, Wednesday, for collective action,...

Woori Finance provides scholarships worth KRW 1.5 billion to multicultural students

Woori Financial Group’s Woori Multicultural Scholarship Foundation announced on the 28th that it will select...

Hyundai Steel to overcome real estate market slump with new construction tech

Hyundai Steel is challenging the country’s property market slump by investing in new construction technologies...

Samsung refutes report of failing Nvidia’s AI memory chip test

Samsung Electronics refuted a Friday news report that it failed to pass a test of...

Forbes ranks Upbit as world’s 4th most trustworthy crypto exchange

Upbit, Korea’s largest cryptocurrency exchange, was ranked fourth among the world’s most trustworthy cryptocurrency exchanges...

Banks host K-pop concerts to improve brand image

Multiple commercial banks plan to host K-pop concerts beginning in June to capitalize on the...

KONEX viability in doubt with just 1 new listing in 2024

The viability of the Korea New Exchange (KONEX), a market exclusively for small and medium-sized...

KB, Blackstone forge comprehensive business partnership

KB Financial Group signed a memorandum of understanding (MOU) with the global private equity firm...